If my wife inherits $50,000 from her mothers death in Iceland and pays the 10% inheritance tax in Iceland is the money a taxable income in the USA ?

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If my wife inherits $50,000 from her mothers death in Iceland and pays the 10% inheritance tax in Iceland is the money a taxable income in the USA ?

The money is not taxable in the US. Gifts and inheritances are not taxable nor reported on your tax return.

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If my wife inherits $50,000 from her mothers death in Iceland and pays the 10% inheritance tax in Iceland is the money a taxable income in the USA ?

The money is not taxable in the US. Gifts and inheritances are not taxable nor reported on your tax return.

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